Stories from the other side
It is quite telling that much of Egyptian media coverage of the most recent Israeli attack on Gaza focused on a critical examination of Egypt s own relationship with Palestine;…
Egypt sees current account balance, warns on protectionism
DAVOS: Egypt believes it can withstand the economic crisis with a balanced current account and steady currency, but fears the world is facing a serious risk of protectionism, Trade and…
IAEA chief snubs BBC over Gaza charity appeal
VIENNA: The head of the UN atomic watchdog, Mohamed ElBaradei, has cancelled planned interviews with the BBC in protest at the British broadcaster s refusal to air a Gaza charity…
Obama's Mideast envoy says Gaza truce must be strengthened
CAIRO: New US peace envoy George Mitchell said on Wednesday it was critically important to consolidate the Gaza ceasefire, as Israel warned it would defend itself when Israeli a soldier…
Israel bombs border tunnels, Egypt warns EU against patrolling coastal waters
CAIRO: Israel conducted another aerial strike aimed at the tunnels beneath the Egypt-Gaza border at the town of Rafah in the early hours of Wednesday.Sources in the area said that…
In depth: Fraud: The downside of plastic money
Credit cards have many benefits for the savvy consumer, but they also come with a serious risk: fraud. Despite the best efforts of international financial institutions to reduce the risks…
ONE ON ONE: 'Pent-up demand' for Islamic finance in Egypt, says expert
Amid the gloom of the global economic crisis, many are hopeful that investors will turn to Islamic finance as the less risky option. Meanwhile, the relatively nascent market needs to…
Davos 'rock stars'
DAVOS: If Angelina or Brad had been at Davos this year, they would have been given the treatment 'Royal celebs' deserve. But they are not here, so in the absence…
BUSINESS BEAT: Crisis may hinder development of SME, bank relationship
As the global economic crisis roars into 2009, there are indications that financial woes threaten not only Egypt's economy but also a new culture of finance that bankers throughout the…